lazarus | ForkLog

ForkLog 10 06.03.2025

The Bybit Hack: Implications for Bitcoin Mixers and Mitigation Strategies

On February 21, the cryptocurrency exchange Bybit suffered a loss of $1.46 billion due to a breach of its cold Ethereum wallet. The attack was orchestrated by the hacker group Lazarus Group, which employs cross-chain bridges and coin mixing services for laundering funds. The hackers primarily utilized THORChain to exchange Ethereum for Bitcoin. Together with […]

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ForkLog 7 05.03.2025

Bybit Urges ParaSwap to Return Profits from Lazarus Transactions

Bybit has called on the ParaSwap DAO to return 44.67 wETH (approximately $100,000) earned from transaction fees by the Lazarus Group, which stole these funds from the platform. Verification of Proposal Authenticity ? @paraswap We hear the DAO community’s concerns and want to reassure you — this proposal is legitimate and comes directly from Bybit. […]

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ForkLog 12 27.02.2025

FBI Confirms North Korean Involvement in Bybit Hack

The Federal Bureau of Investigation (FBI) has confirmed that the attack on the Bybit exchange was orchestrated by hackers from the North Korean group TraderTraitor, also known in the industry as Lazarus Group, APT38, BlueNoroff, and Stardust Chollima. The agency released a list of 51 Ethereum addresses associated with the group and advised companies to […]

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ForkLog 16 24.02.2025

Bybit Blocks Meme Token Linked to Lazarus Group

The exchange Bybit has successfully blocked the meme token QinShihuang, which is allegedly connected to the hacker group Lazarus. Thanks to @caLilyLiu and the @pumpdotfun team for taking swift action to block and remove a Solana-based token whose creator may be affiliated with hacker groups, ensuring the security of the ecosystem. This is a great […]

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ForkLog 21 22.02.2025

Arkham says Lazarus Group behind Bybit hack

On-chain analytics platform Arkham Intelligence said the North Korean Lazarus Group was behind the roughly $1.5bn hack of the Bybit exchange.

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ForkLog 6 21.11.2024

North Korean Hackers Implicated in 2019 Upbit Breach

The theft of 342,000 ETH from the Upbit exchange in 2019 has been linked to North Korea, according to South Korea’s National Investigation Service. This was reported by The Block. This marks the first time the country’s authorities have connected the crime to the neighboring state. “[We] reached this conclusion based on a comprehensive analysis […]

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ForkLog 27 15.09.2024

Stablecoin Issuers Freeze Nearly $5 Million Linked to Lazarus Group

The North Korean hacker group Lazarus Group has lost access to $4.96 million after stablecoin issuers blacklisted two of its addresses. The assets were identified by renowned on-chain sleuth ZachXBT. Update: As of today all four stablecoin issuers (Paxos, Tether, Techteryx, Circle) have now blacklisted the two addresses below with $4.96M from Lazarus Group. 0x36f2D3871edd59d5C06DB8F0b12bE928d5922A700x12ED7f6ed0491678764c2b222A58452926E44DB6 […]

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ForkLog 10 15.07.2024

Expert Traces Stolen DMM Bitcoin Assets

Since early July, over $35 million obtained from the May hack of the cryptocurrency exchange DMM Bitcoin has been laundered through the Cambodian online marketplace Huione Guarantee. This was highlighted by on-chain researcher ZachXBT. 1/4 So far in July 2024 more than $35M from the $305M DMM Bitcoin hack has been laundered to the online […]

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ForkLog 11 15.02.2024

North Korean Hackers Turn to YoMix After Sinbad Sanctions

The North Korean hacking group Lazarus Group has increasingly turned to the cryptocurrency mixer YoMix following sanctions imposed on the Sinbad service, according to the analytics firm Chainalysis. They discovered that in 2023, the inflow of funds to YoMix increased fivefold, with about a third of the assets originating from wallets linked to cryptocurrency platform […]

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ForkLog 12 30.11.2023

Bitcoin mixer Sinbad.io sanctioned by the United States after server seizures

On November 29, OFAC added the cryptocurrency-mixing service Sinbad.io to the sanctions list for laundering assets of the North Korean Lazarus group.

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ForkLog 14 25.09.2023

Lazarus Group wallets hold Bitcoin worth $42.5 million, analysts say

North Korean hackers from the Lazarus Group own cryptocurrencies worth at least $47 million.

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ForkLog 15 13.09.2023

Experts suspect Lazarus Group hackers of CoinEx breach worth $55 million

SlowMist specialists speculated that Lazarus Group, a North Korea-backed hacking group, may be behind the CoinEx breach.

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